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Traders and analysts expect Argentina's central bank to cut its benchmark interest rate as soon as Thursday, as inflation falls sharply. The bank is also set to slow the monthly devaluation of the peso under its crawling peg, from 2% to 1% a month starting Monday.
A slower peso crawl and lower rates keep the Argentine peso firmer against the dollar, which can reduce the competitiveness of Argentine soybean meal and corn exports. This is a modest factor for feed prices.
reuters.comWalter BianchiJan 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
